Swot Analysis of Reliance Fresh
Swot Analysis of Reliance Fresh
Swot Analysis of Reliance Fresh
STRENGTHS-
Reliance is the first to enter the unorganized sector of vegetables and fruits
according to them it's intention is to have 100% farm fresh foods in their
retail stores.
Over 60% of the floor space has been dedicated to fresh fruits and
vegetables.
Reliance does not contract framing which is beneficial for them.
Reliance fresh has a network of 1600 channels in the villages from where
they directly purchase the vegetables and fruits.
Huge promotional activities are done there to insure they get a larger footfall
Ambience of Reliance fresh is not like the hypermarket in west which
follows a liner layout. They give a "no hassle " shopping experience. It gives
a traditional bazaar like environment where the Indians feel more
comfortable.
The customers trust retail chains with quality of product. The reliance
products do not have adulteration. The quality is not assured in the kirana
store.
WEAKNESS-
There is poor inventory control and is not properly managed by the staff.
The staff needs to be more qualified and more aware about the products
available in the store.
There is no parking area provided by reliance fresh for customers to park
their vehicles.
Staff takes more time for billing
Stores unable to meet the growing consumer demand. General perception of
customers.
Depend on distribution channel for brands for FMCG products.
Lack of strong supply chain like other big players
OPPORTUNITIES
Reliance wants to build a high profitability business and food perhaps the
best venture to start that is because the Indian food supply chain is grossly
inefficient
The supply chain already has been back by few hundreds of farmers the
number is estimated to touch million in next 5 years. The main aim of
Reliance is to eliminate the intermediaries in the sector and reduce the cost
Early entry in the retail market .
Organized retail
Global expansion
In- store experience improvements.
THREATS –